Agri Picks Report January 04, 2024: Geojit

commodities

Geojit's report on Agri Picks

The area under rabi crops in Gujarat was at 4.46 mln ha in the current season as of Monday, up 1.9% from last year, according to data from the state agriculture department. Wheat, the key rabi crop grown in the state, was sown over 1.21 mln ha, down 4% from 1.27 mln ha last year. The normal area for the crop, which is the average of the last three years, is at 1.30 mln ha. The area under maize cultivation rose 7.2% on year at 111,068 ha. The acreage of rabi cereals was down 2.1% on year at 1.36 mln ha. The acreage of rabi pulses was down 16.4% on year at 669,090 ha. Chana, the major pulse in the state and accounts for 93.2% of the rabi pulses, was at 623,585 ha, down from 758,059 ha a year ago. Of the total oilseeds' acreage at 275,550 ha, mustard was sown over 275,137 ha, and was down 9.7% on year from 304,723 ha, the data showed. The area under jeera has more than doubled to 552,824 ha, from 274,995 ha last year. The normal area for the crop is 350,666 ha. Gujarat is the largest producer of the spice. The acreage under coriander was down 44% on year at 124,778 ha. Gujarat is the second-largest producer of the spice. Among other crops, sowing of tobacco was down 3.4% from the previous year at 130,106 ha, while that of sugarcane rose to 179,030 ha from 166,938 ha. Sowing of vegetables marginally dropped to 188,236 from 189,996 ha last year. Potato, on the other hand, rose slightly to 134,301 ha from 130,228 ha the previous year. The area under fodder was 579,929 ha, down from 591,182 ha in the year-ago period. The area under rabi crops in Rajasthan was down 2.5% on year at 10.79 mln ha in the current season as of Friday, according to a release by the state agriculture department. The area sown so far has covered 92.1% of the targeted 11.72 mln ha area for the season. Mustard, the key cash crop grown in the state, was sown across 3.63 mln ha, down 5.8% from a year ago. The state has set a target of 4.10 mln ha for mustard this season, down 9.9% from the total area sown last year. Rajasthan is the top producer of mustard in the country and produces nearly half of the total produce in the country. The area under oilseeds was at 3.78 mln ha, down from 3.98 mln ha a year ago. The target for the current season has been set at 4.36 mln ha, lower than last year's total sown area of 4.70 mln ha. The acreage of gram, also known as chana, accounted for 97.8% of the pulses sown in the state at 1.93 mln ha. The total area under pulses was 1.97 mln ha, down 9.1% from a year ago. As of Friday, sowing of wheat, the major foodgrain of rabi season, was at 2.84 mln ha, down nearly 4.2% from 2.97 mln ha a year ago. The acreage of rabi cereals was down 2.4% on year at 3.29 mln ha. The area under barley was up 11% at 454,472 ha. The state is the largest producer of barley in the country. The acreage of jeera, of which Rajasthan is the second-largest producer, was at 677,212 ha, up from 579,140 ha, a year ago. As of Friday, sowing of coriander was at 48,675 ha, down from 54,610 ha last year. Rajasthan is the third-largest producer of the spice.

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04012024 - coom